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A Survey of DeFi Security: Challenges and Opportunities. (arXiv:2206.11821v3 [cs.CR] UPDATED)
Oct. 26, 2022, 1:24 a.m. | Wenkai Li, Jiuyang Bu, Xiaoqi Li, Hongli Peng, Yuanzheng Niu, Yuqing Zhang
cs.CR updates on arXiv.org arxiv.org
DeFi, or Decentralized Finance, is based on a distributed ledger called
blockchain technology. Using blockchain, DeFi may customize the execution of
predetermined operations between parties. The DeFi system use blockchain
technology to execute user transactions, such as lending and exchanging. The
total value locked in DeFi decreased from \$200 billion in April 2022 to \$80
billion in July 2022, indicating that security in this area remained
problematic. In this paper, we address the deficiency in DeFi security studies.
To our …
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